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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Laser who wrote (7269)9/9/1998 7:26:00 AM
From: Richard Mazzarella  Respond to of 14226
 
Laser, you're not going to get Zeev to help spin your short position, you will have to do that all by yourself. Cover Laser, cover. <VBG>



To: Laser who wrote (7269)9/9/1998 7:35:00 AM
From: Jafco  Read Replies (1) | Respond to of 14226
 
Shill Laser, you posted again, now all on this thread knows exactly what you are!!
Joe



To: Laser who wrote (7269)9/9/1998 8:32:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 14226
 
Laser, the news is excellent only in that it indicates that a continuous (weekly) flow of the process is "getting" in place. A year ago, that would have caused the stock to break to a new high. This time, it has not budged, indicating to me a number of possible problems.

For instance, we heard now that Rh takes a very long time (was it 20 weeks?) to be processed at Sabin. That does not sound right. I would say that hidden in the release is the fact that Sabin does not have yet any Rhodium to process, since GPGI has "thousands of gallons" of pregnant liquor waiting to be processed in a dedicated resin.

However, the "profit equation" at least right now, does not turn positive until Rhodium is extracted. Could it be that rhodium has become yet another one of the onion peeling processes?

Frankly, if the rhodium is separately absorbed on its own resin, there should be no "lengthy separation" processes in the refining step (treating the pregnant resin by Sabin).

What the market says, in my opinion is that we have only part of the news, not all of it. The part we do not have is critical to the profitability of the process and the market is awaiting for a profitable process and positive cash flow.

Zeev